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SubjectTwo records, worked side by side
Records checked to8 October 2026

AML Guard vs First AML

There is no universal winner. The question is which kinds of buyer should prefer which. These pages are built from the same source-checked data as every other page on AML Finder.

AML Guard

Full AML/CTF platform

Entry price
$75.00/mo
Evidence
71%
Marketed to
Real estate, Conveyancing, Legal, Accounting
Data residency
australia

First AML

Full AML/CTF platform

Entry price
On application
Evidence
65%
Marketed to
Accounting, Real estate, Legal, Conveyancing, Financial services
Data residency
australia

Choose AML Guard when...

  • AML/CTF program creation is verified — First AML has not established it.
  • Staff training is verified — First AML has not established it.
  • Adverse media screening is verified — First AML has not established it.
  • Suspicious matter report workflow is verified — First AML has not established it.
  • Tipping-off controls (s123) is verified — First AML has not established it.

Choose First AML when...

  • Enhanced due diligence is verified — AML Guard has not established it.
  • Biometric liveness and face match is verified — AML Guard has not established it.
  • Evidence pack export is verified — AML Guard has not established it.
  • API access is verified — AML Guard has not established it.
  • Escalation to AMLCO or manager with outcome recorded is verified — AML Guard has not established it.

Where both fit

Risk assessmentCustomer due diligenceKnow-your-business (entity checks)Beneficial ownership and controlElectronic identity verificationPEP and sanctions screeningOngoing customer monitoringReliance CDD requests sent and received

Biggest differences

FieldAML GuardFirst AML
AML/CTF program creationVerifiedNo
Independent evaluation support (s84)NoNot established
Staff trainingVerifiedNo
Enhanced due diligenceNot establishedVerified
Biometric liveness and face matchNot establishedVerified
Adverse media screeningVerifiedPartial
Suspicious matter report workflowVerifiedNot established
AUSTRAC SMR XML exportNoNot established
Tipping-off controls (s123)VerifiedNot established
Threshold transaction reportingPartialNot established
Evidence pack exportNot establishedVerified
Immutable audit logVerifiedNot established
API accessNot establishedVerified
Program obligations calendarPartialNot established

Capabilities, section by section

Program & governance

AML GuardFirst AML
  • AML/CTF program creation Agreed Not agreed
  • Program maintenance and review Not obtained Not obtained
  • Risk assessment Agreed Agreed
  • Independent evaluation support (s84) Not agreed Not obtained
  • Staff training Agreed Not agreed

CDD & entity work

AML GuardFirst AML
  • Customer due diligence Agreed Agreed
  • Know-your-business (entity checks) Agreed Agreed
  • Beneficial ownership and control Agreed Agreed
  • Enhanced due diligence Not obtained Agreed
  • Reliance arrangements Not obtained Not obtained

Identity verification

AML GuardFirst AML
  • Electronic identity verification Agreed Agreed
  • Biometric liveness and face match Not obtained Agreed
  • Document Verification Service (DVS) access Not obtained Not obtained

Screening & monitoring

AML GuardFirst AML
  • PEP and sanctions screening Agreed Agreed
  • Adverse media screening Agreed Queried
  • Ongoing customer monitoring Agreed Agreed
  • Automated transaction monitoring (bank-style rules) Not obtained Not obtained

Reporting & control

AML GuardFirst AML
  • Suspicious matter report workflow Agreed Not obtained
  • AUSTRAC SMR XML export Not agreed Not obtained
  • Tipping-off controls (s123) Agreed Not obtained
  • Threshold transaction reporting Queried Not obtained

Evidence & extensibility

AML GuardFirst AML
  • Evidence pack export Not obtained Agreed
  • Immutable audit log Agreed Not obtained
  • API access Not obtained Agreed

Tranche 2 operations

AML GuardFirst AML
  • Risk assessed per designated service Queried Queried
  • Ongoing monitoring triggered by designated service and risk Queried Queried
  • Program obligations calendar Queried Not obtained
  • Versioned AML program and CDD records Agreed Queried
  • Escalation to AMLCO or manager with outcome recorded Queried Agreed
  • Expired document alerts Not obtained Agreed
  • Reliance CDD requests sent and received Agreed Agreed

Unknowns to confirm

Not established for at least one of these two — ask before relying on it.

Program maintenance and reviewEnhanced due diligenceReliance arrangementsBiometric liveness and face matchDocument Verification Service (DVS) accessAutomated transaction monitoring (bank-style rules)Evidence pack exportAPI access

Which one fits your requirements?

These two are compared on every field we track. Tell us what matters to you and we’ll recalculate this comparison against your own requirements.

Tell us what matters to you

Provider facts checked through 8 October 2026. Source records: AML Guard on AML Directory · First AML on AML Directory